Bithumb, Korea’s largest cryptocurrency central past times volume, volition endure giving its clients 0-fee trading for 24h inwards tandem alongside the launch of Bitcoin Cash trading pairs. In today’s weblog post, Bithumb said the advertisement volition alone run for 2 days:
“Fee Free Event volition endure running from August tertiary (Thurs) 18:00 KST to August fourth (Fri) 18:00 KST”
Additionally,
Bithumb stated that Bitcoin Cash volition accept the “BCH” ticker, as well as non “BCC,” which is currently used past times Bittrex, HitBTC, BitBay as well as Bleutrade.
Bithumb previously said that Bitcoin Cash trading volition possess on August 3, simply today, Bithumb explained that a novel opening schedule volition endure released on Friday, August 4, 2017. The Korean central likewise said that trading, deposits as well as withdrawals of Bitcoin Cash accept been delayed due to the unstable production charge per unit of measurement of novel blocks on the Bitcoin Cash blockchain:
“Up until August tertiary 12:00 KST, Bitcoin Cash has been showing instability on the block production or fifty-fifty on the deposit/withdrawal.”
Although miners on the Bitcoin Cash network produced alone 3 blocks on August 1st, equally the particular mining difficulty reduction algorithm was non activated, the charge per unit of measurement of novel blocks has picked upwards greatly over the past times 2 days.
So far today, xix novel blocks accept been found, as well as yesterday, miners produced ten novel blocks equally the difficulty dropped off substantially, according to information from Blockdozer.com. At press time, the Bitcoin Cash blockchain is running at a quarter of the primary blockchain's difficulty.
Majority of exchanges accept already opened upwards Bitcoin Cash trading, however, many of BCH-supporting exchanges likewise made the determination to block traders depositing novel coins until novel blocks are constitute at a steadier pace.
At press time, the Bitcoin Cash blockchain is valued at $7.1 billion, according to
CoinMarketCap, as well as 1 BCH volition laid y'all dorsum virtually $433.
